UK inflation dips but remains close to 40-year highon January 18, 2023 at 7:36 am

- Advertisement -
- Advertisement -
- Advertisement -
- Advertisement -

The rate of price rises slowed to 10.5% in December, according to official figures.

Man checking out goods in a supermarketImage source, Getty Images

UK inflation has fallen for a second month in a row but remains close to a 40-year high.

Inflation, the rate at which prices rise, fell to 10.5% in the year to December, compared to 10.7% in November.

The drop was due to fuel prices falling along with clothing and footwear prices, however, this was offset by rising costs in restaurants and hotels.

The cost of food also continued to rise in December in shops and cafes.

- Advertisement -

Discover

Sponsor

Latest

Allen guides Bills to revenge victory over Chiefson October 11, 2021 at 6:50 am

The Buffalo Bills gain revenge for defeat in last year's AFC championship game with a win over the Kansas City Chiefs.

Covid: GPs can defer some services in booster jab pushon December 4, 2021 at 5:18 am

Practices in England can postpone minor surgery and routine health checks for over-75s, NHS chiefs say.Image source, PA MediaGPs in England can defer some...

Swedish snow chaos leaves 1,000 vehicles trapped on main E22 roadon January 4, 2024 at 11:40 am

The army is called in to help drivers in southern Sweden amid a big freeze across the Nordic countries.Image source, Getty ImagesBy Ido VockBBC...

JK Rowling firm in row over right-to-roam accesson June 3, 2022 at 5:21 am

Walkers claim access to a historical right-of-way is hampered by the Harry Potter author's firm.

Marten says ‘influential’ family backed social serviceson March 14, 2024 at 5:42 pm

Constance Marten's family were "embarrassed" of her children with Mark Gordon, she tells the Old Bailey.Image source, Julia QuenzlerBy Helena Wilkinson and Claire Ellison...